Tesla’s call for tax breaks for lithium is ‘on the table’: minister


Source: afr.com afr.com

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“That’s proven to be, and will be, an extraordinary policy for the US, driving, clean and green technology development, as well as critical minerals partnerships. “So, it’s certainly on the table.” With more than $US400 billion in subsidies and handouts, the IRA is the Biden administration’s attempt to spark a clean-energy transition, re-industrialise the US economy and decouple from China via production tax credits. Ms King indicated the government was still seeking clarity on which Australian projects would be eligible for the tax breaks under the IRA, which supposedly allows nations with US free-trade agreements to cash in. “I can’t...